Return to search results

45,000 SF Office Building NJ - STRONG ROI


45,000 SF Office Building NJ - STRONG ROI
Contact Seller

Asking Price: $5,500,000

Cash Flow: $411,908

Gross Revenue: $700,000


FF&E: $9,000,000

Inventory: N/A

Real Estate: N/A

Established: 2002

45,000 SF Office Building NJ - STRONG ROI

Save Print Share Valuation Report

Business Description

A very unique Office Building, with 95% Occupancy built for then needs of today’s flexible clients as the building caters to large well-respected tenants, smaller clients with individual offices, as well as the needs of Co-Working Executive Suite clients. Excellent NOI and ROI with a Cap Rate of 7.5%, with INCREDIBLE ability to expand the NOI. Over 30,000 square feet of office space has recently been renovated. All the Common Area hallways and bathrooms also have been upgraded. In addition, the building now offers State of the Art Co-Working flexible space which offers a beautiful training center, conference rooms, as well as individual flexible work spaces and virtual tenants. Excellent location convenient to major Interstate Highways. Very attractive investment for 1031 exchanges. The building is 95% occupied and the purchaser of the building will also have flexibility in how they want to structure the transaction. In addition to purchasing the building the Co-Working Executive Suite Business can be included. This can propel the Net Income by hundreds of thousands of dollars. It is projected that by 2020 Fifty Percent (50%) of large companies will have some form of shared offices!

100% Flexibility:
• If the Buyer wants only a Real Estate Passive Investment, then there will be a lease for the Co-Working Executive Suite Business.

• If the Buyer wants BOTH, a Passive Real Estate Investment AND a simple, easy to operate growing B2B service business, then they can also operate the Co-Working Executive Suite Business which over time will add an additional $200,000 in Net Income.

Either Option: Same Price $5,500,000

Detailed Information

Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Contact Seller

Contact the Seller

Contact Seller Loading

Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Days Active On Site:
Appeared in Search:
Listing Detail Views:

Ad#:1615805 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Interface Financial Group

Franchise Opportunity In NJ
Capital Required: $100,000